无形资产估值中折现率的分析和选用——从国际转让定价角度的探讨  

An Analysis and Assessment of Discount Rates in Intangibles Valuation:From International Transfer Pricing Perspective

作　　者：孙一顺 舒伟 Yishun Sun;Wei Shu

机构地区：[1]德勤中国

出　　处：《国际税收》2019年第7期58-64,共7页International Taxation In China

摘　　要：从国际转让定价角度出发,本文探讨了无形资产估值实践中运用收入法时的折现率问题,包括常见的几个折现率及其之间的理论联系,通过案例分析常见折现率之间应有的关系为就提高转让定价角度估值分析的可靠性提供一定的参考。From the perspective o f international transfer pricing, this article discussed the issues of discount rates in the practice of intangibles valuation when using income approach, including a few common discount rate alternatives and their relationship in theory. Through a simplified case analysis on these discount rates, the article aimed to provide a certain level of reference for improving the reliability of discount rates in valuation exercise from a transfer pricing perspective.

关 键 词：无形资产估值 折现率 转让定价 

分 类 号：F811.4[经济管理—财政学]